DA Fee Abstraction
Sunrise introduces "DA Fee Abstraction," a mechanism that allows developers to access blob spaces on Sunrise without paying direct fees. Instead, developers can provide liquidity to Sunrise liquidity pools to gain access to data availability services. This innovative approach reduces entry barriers for developers while maintaining the economic sustainability of the network.
Key Features
Liquidity-Based Access:
Developers provide liquidity to pools in the
x/liquiditypool
module.This contribution supports the network's overall liquidity and stability.
Reward Mechanism (
$vRISE
):Liquidity providers receive
$vRISE
tokens as rewards.These tokens can be used to pay for data availability transactions.
Fee Segregation:
Data availability transactions can use
$vRISE
tokens.Other transaction types still require
$RISE
tokens for fees.
Economic Sustainability:
Ensures Sunrise can provide data availability services without direct fee revenue.
Creates an alternative economic model that benefits both the network and developers.
Core Functionality
Liquidity Provision and DA Access
When developers want to access data availability services:
They provide liquidity to selected pools in the
x/liquiditypool
module.They receive LP tokens representing their share of the pool.
They earn
$vRISE
tokens through liquidity mining.These
$vRISE
tokens can be used to pay for data availability transactions.
Workflow: DA Fee Abstraction Process
Below is a sequence diagram illustrating how the DA Fee Abstraction works:
Benefits
Lower Entry Barriers:
Developers can access data availability services without upfront token costs.
Promotes greater adoption of Sunrise's data availability layer.
Liquidity Enhancement:
Encourages developers to provide liquidity to the network.
Improves overall market depth and reduces slippage.
Sustainable Economics:
Creates a virtuous cycle where DA usage drives liquidity.
Liquidity providers are incentivized through
$vRISE
rewards.
Example Usage
Providing Liquidity and Using DA
For more details and implementation specifics, see the GitHub repository
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